The Mortgage Bankers Association and other industry trade groups urged the Consumer Financial Protection Bureau to narrow its definition of financial institutions subject to the Home Mortgage Disclosure Act reporting by exempting transactions secured by multifamily properties.
Commercial/Multifamily Mortgage Debt at $3.21T in Q1
Naional Mortgage Professional, June 26, 2018--Phil Hall
RealPage: Class C is Now Cream of the Multifamily Crop
HousingWire, July 2, 2018--Jeremiah Jensen
Freddie Improves Condo Requirements
Mortgage Daily, June 27, 2018
More Mortgages for Manufactured Housing Mean More Affordable Housing
Urban Institute, July 2, 2018--Laurie Goodman, Bhargavi Ganesh
MBA Chart of the Week: Q1 Changes in Commercial/Multifamily Mortgage Debt Outstanding
During the first three months of 2018, commercial and multifamily mortgage debt outstanding (shown by the red line in the chart) increased more than during any other first quarter since before the Great Recession.
Life Insurers' Strong Commercial Mortgage Performance Likely to Continue
Relatively stable commercial real estate fundamentals should drive strong investment results for U.S. life insurers over the next 12 to 24 months, said Fitch Ratings, New York.
Rents Appreciate at Faster Rate in 3/4 of Nation's Largest Markets
Zillow, Seattle, said rents appreciated at a faster rate this past spring from a year ago in 27 of the 35 largest U.S. rental markets, but noted in pricier markets, rent appreciation slowed noticeably.
CMBS Market in ‘Dog Years'
Conventional wisdom suggests the commercial real estate marketplace operates in 10-year cycles--of which 2018 is Year 10. But new reports on commercial mortgage-backed securities performance indicate a market more in mid-cycle form.
New York Life Real Estate Investors, New York, closed its first dedicated national value-add vehicle, The Madison Square Value Enhancement Fund.
George Kenny Joins Greystone as Managing Director
Greystone, New York, named George Kenny Managing Director of Institutional Sales for the firm's lending operations.
Dealmaker: Cushman & Wakefield Arranges $270M for Office, Multifamily
Cushman & Wakefield, Washington, D.C. secured $174 million for a 13-property multifamily portfolio and a new office building in Washington, D.C.
CREF Market Intelligence Symposium in New York July 11-12
The Mortgage Bankers Association CREF Market Intelligence Symposium cuts through the clutter to provide hard facts about the state of commercial real estate markets--what we do and don't know.
Public Comments Sought: Revised MBA Standard Property Inspection Form
The Mortgage Bankers Association released for public comment a revision to its Standard Property Inspection Form.
MBA Education Multifamily Property Inspection Workshop in Washington, D.C. Sept. 12-13
MBA Education presents its popular Multifamily Property Inspection Workshop in Washington, D.C. September 12 and 13.
Commercial Loan Origination Sales Training Workshop in New York Sept. 18-19
MBA Education presents its popular Commercial Loan Origination Sales Training Workshop in New York Sept. 18 and 19.